Here Is Why People Fail Making Profits Trading The Financial Market.

14 days ago (Edited)

Happy new month once again my dear Hivians! The month of February was so quick to come to an end and this is Match. Before we realized, Match will also come to an end and if you are not working on your plans, you will be behind time.

So! Today, I want to discus with you on; what makes traders fail in the financial market. I might not cover everything, of course there are so many things to discuss on when it comes to this topic.

https://img.leopedia.io/DQmYZttvCrSqgpMoeroo6bjtXZqSQATrBd7VDHjBmGAReYv/image.png

We have been told that 99% of traders fail trading the market, within their first two (2) Month. I can't really validate this claims with reasonable data showing as proofs, but at the look of things, the way people open and closes account after few days of trading, makes me believe that the rating at 99% of traders failing might likely be the truth.

An if that be the case, then there got to be some reasons why these traders fail, and what can also be done or changed to reduce these rate of failure. So we are going to explore few reasons why traders fail and changes that you can employ or apply to your daily trading life to effectively change your experience and expose you to success.

COMMON MISTAKES TRADERS MAKE AND CORRECTIONS

Now let's discuss the most common mistake traders make below:

Lack of knowledge: Most newly developing traders lacks the adequate knowledge. You know, you can never be successful in any field of life without learning, and acquiring the knowledge on that. Trading is like every other profession in life, most people see it as the hardest profession that requires a very high level of discipline. Therefore, You need to educate yourself properly before you venture into trading.
Do the work: It doesn't just end by acquiring the knowledge, you need to work hard to develop your skills. Work hard first by paper trading. Trading is an art, consistent market involvement opens your understand to so many market behaviors that are hidden to common traders.
You need an edge: Now, we are here! So, you need to understand that, what gets the consistently profitable traders, consistently profitable, placing them among the top 99% of the successful traders, is an edge. The casino operators succeed because of the edge they have over their gamblers,and so no matter how much a gambler wins today, he will certainly return them back to the casino in five(5) fold someday. No business operates without an edge. Therefore you need an edge to succeed in the market place.
Plan is the ultimate: Even a complete newbie with a carefully drafted plan, proper timing for good application can out-perform a pro, with no trading plans. Having a plan on what to do can make a very huge difference.

We will stop there for now. But in my next post, I will be discussing on: "How having an edge looks like and how to develop and edge". And subsequently, we will discuss on: "What and what, you should have in mind while creating your trading plan". For now, goodbye!

Posted Using INLEO

hive-167922 inleo trader market success ecency

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2 comments

@kgakakillerg -13

12 days ago

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@jacobtothe and friends ✨⭕✨ I don't appreciate being downvoted by people like you who turn a blind eye to the truth 😂😂😂😂

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I'm sharing the truth I know it hurts you but it is what it is 😂🍻

Consider these entries from @hive.fund's wallet—a digital fortress of staggering proportions:
"HIVE: 31,354,125.286"
"HBD: 23,325,897.167"
"Estimated Account Value: $24,860,896.64<

It's crazy that hives market cap is 36 million dollars 🤔🧐 and a account to hold 24 million dollars 💰 crazy

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Hive is very shady I'm now being downvoted by @neoxian who is part of the magic ✨ ⭕✨

I hope you are all good and well today 🙏🏾 please read and share the truth 🙏🏾

kgakakillerg evidence

As many people have seen I've been called a spammer on Hive for sharing the truth about my situation

They can call me a spammer and downvote me as much as they like it changes nothing I bring you the truth take a look at everything I've shared and I've still got a whole lot more

So to you seriously stupid people just leave me alone and now you will need to bring my rep back as acidyo decided to take it away with the help of blocktrades delegations 🤔

Hive is dying and if nothing changes it won't just be dieing it will be dead 😂

Feel free to use anything i share in this post

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kgakakillerg original content

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RE: Understanding Pointers in C Programming

Please Peakd, allow me to completely block spammers (Would you ever vote for this?) thanks for exposing yourself more @makerhacks

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Thank you for reading and viewing this post

To all the downvoters on Hive When the downvotes stop 🛑 and my rep is back I stop sharing the truth 🙏🏾

It's crazy that hives market cap is 36 million dollars 🤔🧐 and a account to hold 24 million dollars 💰 crazy

Consider these entries from @hive.fund's wallet—a digital fortress of staggering proportions:
"HIVE: 31,354,125.286"
"HBD: 23,325,897.167"
"Estimated Account Value: $24,860,896.64<

Please read and share thank you 🙏🏾
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All they need to do is stop 🛑 and bring my rep back and then I stop sharing the truth it's that easy 😂😂😂🍻

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Hello everyone I hope you are all good and well today in this post is some of the evidence to prove my case

If you didn't know I've been getting downvoted for a long time on Hive

They have been trying to bully me with downvotes and words but it doesn't affect me I've been online for over 25 years

So I've dealt with people like this before it's nothing new

But what they are doing is bad Very badi joined steemit like everyone else thinking it offers freedom but I must say steemit offered much more freedom than Hive does

Everyone already knows I only post my own original content I have no need to steal anything from anyone

I've been labelled a lot of things on Hive 😂 by the biggest farmers scammers and downvoters

Actions speak louder than any words do especially when them words are coming from a compolsive liars

I will keep updating this post when I get time

kgakakillerg evidence